Erin Interviews Jane Johnson
Business Ownership Transition – how owners may prepare to sell their companies to a third party or to insiders
At some point we all will be looking to exit our businesses and sell. What’s that look like, how far in advance do you need to be putting things in order… and what exactly are those things? And who exactly can sell their business? All of this is critical in the timeline of your business and setting yourself up to successfully exit!
Take a listen!
6:04 Buyer at the door
7:29 Can’t just pick a date to sell
8:17 Step 1- Get Prepared
Step 2 – Counting beans
Step 3- Build a Better Box
Step 4 – Yellow Brick Road
Step 5 – Art of the Deal
15:00 70% of sales are turned down by business brokers
17:39 Tax Planning
20:34 Know what your net worth is
23:00 The Academy Resources
Find Jane: www.businesstransitionacademy.com
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